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Fly News Breaks for June 24, 2019
DNKN
Jun 24, 2019 | 08:33 EDT
As previously reported, Wedbush analyst Nick Steyan upgraded Dunkin' Donuts to Outperform from Neutral as he believes Dunkin' U.S. is currently undergoing an inflection in same-store sales growth that is underappreciated by the Street. Importantly, the analyst believes the probability of a sustained inflection beyond the near-term is now high enough to warrant a more positive stance. He also raised his price target on the shares to $92 from $76.
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